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Find out how much you could release with our equity release calculator

In partnership with Moneyfacts.co.uk

Our equity release calculator will tell you if you’re eligible for equity release and let you know how much you may be able to release.

​Am I eligible? 

Factors which determine whether you're eligible for equity release are:

  • Age: The youngest person named on the deed needs to be aged 55 or over and the amount you can release will be based on the youngest applicant.

  • Property Value: You must own a property worth at least £70,000.


Why use our calculator?


It’s simple to use – just pop in a few basic details such as your age and property value, and it will give you an estimate of how much tax-free cash you could potentially release from your home. Don’t worry if you don’t know the exact value of your property, you can estimate it.
 
  • Quick, simple and free to use
  • Results in seconds
  • No obligation to proceed
  • Find out about the plans available and their features
Compare plans from the following providers

What happens next?

  • After your initial calculation, you'll receive a call from us to discuss your calculation and should you wish to, you'll be able to book an appointment
  • One of our equity release advisers will help you compare the different plans and features, helping you consider all your options, such as inheritance protection.
  • During the initial consultation, all our advice is free with no obligation to go ahead.

Things to consider

Because we play by the book we want to tell you

  • Mortgage Advice Bureau Later Life offer lifetime mortgage products from a carefully selected panel of providers.
  • Mortgage Advice Bureau Later Life offer lifetime mortgages only, which is a loan secured against your home.
  • As part of our advice process, we'll consider whether retirement interest-only (RIOs) and other mortgages may be suitable and can arrange advice on these if appropriate. Advice fee will vary.
  • Unless you decide to go ahead, our service is completely free of charge, as our fixed advice fee of £1,295 would only be payable on completion of a plan.
  • With a lifetime mortgage there are typically no monthly repayments to make, as the loan plus compound interest is repaid when the plan comes to an end. This is usually when you or the last surviving applicant dies or moves into long term residential care.
  • Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits.
  • A lifetime mortgage may result in limited or no property equity remaining and will reduce your finanical options in the future.